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When does the appointment of a member of a supervisory board of a joint-stock company end?
The issue of determining when the appointment of a member of the supervisory board of a joint-stock company ends in connection with the expiration of the term of office has been the subject of doubts and disputes for some time. It was particularly problematic to determine when the appointment ends when the term of office does not coincide with the financial year. The Supreme Court of Poland recently addressed this issue.
Change in rules for the investor’s joint and several liability in the construction process
A simplified procedure for notification of subcontractors, clarification of the rule on the investor’s objection to entrusting part of the work to a subcontractor, and limitation in the amount of the investor’s joint and several liability—all these changes are to go into effect on 1 June 2017.
Will there be lots of whistleblowers? A new antitrust tool for the European Commission
The idea of using whistleblowers to uncover and combat anticompetitive arrangements is spreading ever wider. Recently the European Commission announced introduction of such a tool.
Environmental exploitation fees must be paid by the end of March
Businesses exploiting the environment are required to calculate and pay the relevant fees. The deadline for fees for 2016 is 31 March 2017. Certain exemptions entered into force on 1 January 2017.
Business Law: New rules for administrative proceedings
A proposal for a long-promised act intended to facilitate the operation of businesses was published on the Government Legislation Centre website in February. The proposed Business Law contains a set of rules that would apply in administrative proceedings from as early as September 2017.
Sleepers awake!
In February 2017, the first notices began to appear in nationwide Polish newspapers and on the City of Warsaw website summoning legal successors of former owners of Warsaw properties to appear in reprivatisation proceedings and prove their rights—or the proceedings will be discontinued.
What has changed in the ICC Rules?
Amendments to the Rules of Arbitration of the International Chamber of Commerce in Paris entered into force on 1 March 2017. The amendments were inspired by the desire to provide additional transparency and improved efficiency in international arbitration proceedings based on the ICC Rules. The new features respond to calls from the arbitration community to establish a more tailor-made arbitration procedure.
Longer period for reopening civil proceedings
Under regulations in force from 15 February 2017, reopening of a civil proceeding ended in a legally final judgment can be sought within 10 years after the judgment became legally final. The previous regulations provided for a 5-year period for seeking reopening of proceedings.
Special oversight of contracts for supply of agricultural products
On 17 February 2017 the president of the Agricultural Market Agency issued a set of instructions entitled “Conditions for Monitoring of Contracts for Supply of Agricultural Products.” The document includes guidelines for the content and procedure for conclusion of such contracts and the rules for monitoring compliance with the obligation to conclude contracts in writing between buyers, sellers and intermediaries trading in agricultural products in Poland.
Restrictions on transactions in strategic sectors